Clearfield (CLFD) vs Harmonic (HLIT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Harmonic (HLIT) has outperformed Clearfield (CLFD) over the past year, gaining 7.0% versus a loss of 7.7%. Over five years, HLIT leads with a +19.4% price change compared with -36.9% for CLFD. Harmonic is the larger company by market cap ($1.21 billion vs $450.2 million), about 2.7 times the size.
On valuation, Harmonic trades at a lower forward P/E (13.7x vs 37.0x for Clearfield).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CLFD | HLIT |
|---|---|---|
| Share price | $33.14 | $11.07 |
| Market cap | $450.17M | $1.21B |
| 1-day change | +0.73% | -1.77% |
| YTD return | +13.69% | +11.93% |
| 1-year return | -7.74% | +6.96% |
| 5-year return | -36.86% | +19.42% |
| P/E ratio (TTM) | 61.37 | 42.58 |
| Forward P/E | 37.03 | 13.71 |
| EPS (TTM) | $0.54 | $0.26 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $52.73 | $17.68 |
| 52-week low | $23.76 | $8.47 |
| Distance from 52-week high | -37.15% | -37.39% |
| Analyst consensus | none | buy |
| Avg. price target upside | +21.45% | +45.80% |
| Average volume | 179.42K | 1.52M |
| Shares outstanding | 13.58M | 109.07M |
| Employees | 243 | 552 |
| Sector | Utilities | Technology |
| Industry | Telecommunications Equipment | Radio And Television Broadcasting And Communications Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Harmonic is about 2.7 times larger than Clearfield by market value ($1.21B vs $450.17M).
- HLIT has outperformed CLFD by 14.7 percentage points over the past year.
- Clearfield trades at a higher earnings multiple (61.4x vs 42.6x trailing P/E).
- The two companies sit in different sectors: Clearfield in Utilities and Harmonic in Technology.
About Clearfield
CLFD stock →Clearfield, Inc., together with its subsidiaries, designs, manufactures, and distributes fiber management, protection, and delivery products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical component integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and FiberFlex, an outdoor active cabinet for mounting and configuration of electronic equipment.
Utilities · Telecommunications Equipment · 243 employees
About Harmonic
HLIT stock →Harmonic Inc., together with its subsidiaries, provides broadband access solutions worldwide. The company provides software-based broadband access solution, including cOS software-based broadband access solutions to broadband operators, an end-to-end solution consisting of virtualized cloud-native software; hardware products include Oyster, Ripple and SeaStar DAA nodes; Reef and Wave PHY shelf products; pebble remote PHY Devices; and fin, pearl and pier OLT modules and devices; and cOS software-based broadband access solutions to broadband operators; and cOS central cloud services, a subscription service for cOS customers.
Technology · Radio And Television Broadcasting And Communications Equipment · 552 employees
CLFD vs HLIT FAQ
Which is bigger, Clearfield or Harmonic?
Harmonic (HLIT) is larger, with a market capitalization of $1.21B compared with $450.17M for Clearfield (CLFD).
Which stock has performed better over the past year, CLFD or HLIT?
HLIT returned +6.96% over the past 12 months, compared with -7.74% for CLFD (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CLFD or HLIT?
HLIT has the lower trailing P/E at 42.6, versus 61.4 for CLFD. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Clearfield and Harmonic in the same industry?
No. Clearfield is in the Utilities sector, while Harmonic is in Technology.